EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage 
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
FxWirePro: EUR/AUD downward momentum remains in place 
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FxWirePro: USD/JPY remains in familiar place on intervention threat 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro- Major Pair levels and bias summary 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
USDCHF lost its shine on board based US dollar's weakness. It formed a double top around 1.00735 and declined more than 100 pips. The policy divergence between the US fed and SNB supports the US dollar at lower levels. The US 10-year yield recovered above 4% after a minor decline in tandem with UK gilts. The US 10 and 2-year spread narrowed to -44 basis points from -57 bpbs.
According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Nov rose to 97.4% from 81.10% a week ago.
Technically in the 4-hour chart, the pair is holding below short-term (21- and 55 EMA) and above 200 EMA (0.9826). Any break below 0.9900 will take the pair to 0.9825/0.9780. USDCHF had an intraday low of 0.99187 and is currently trading around 0.99319.
The near-term resistance is around 0.9965 and any breach above targets is 1/1.0075/1.0125.
Indicators (4-hour chart)
CCI (50)- Bearish
ADX- Neutral
It is good to sell on rallies around 0.9965 with SL around 1 for a TP of 0.9855.
